Compare positions on Amendment 2: Exempt Tangible Personal Property Used For Agriculture Or Agritourism From Property Taxes Amendment in Florida | Change.vote
Amendment 2: Exempt Tangible Personal Property Used For Agriculture Or Agritourism From Property Taxes Amendment
Amendment 2: Exempt Tangible Personal Property Used For Agriculture Or Agritourism From Property Taxes Amendment
Farm and agritourism landowners and leaseholders would pay no property tax on equipment they own and normally keep on agricultural land for farming or agritourism.
A Yes vote
A No vote
Proposal impacts
Impact on Farm landholders
Farm equipment tax bills would carry no property tax on covered equipment owned by the landowner or leaseholder.
Farm equipment tax bills currently leave up to $25,000 of eligible equipment value untaxed. Property tax applies above that amount.
Impact on Public school students
Public school funding would receive about $11 million less in property tax revenue across Florida.
Public school funding today receives property taxes from taxable property under school district levies.
Impact on Nonfarm business owners
Nonfarm equipment tax bills would gain no new break, while covered farm equipment would become tax free.
Nonfarm equipment tax bills today leave movable property value untaxed under the same allowance farm operators use.
